Over the past three decades the Islamic banking and finance industry has emerged from nothing to an industry with assets of hundreds of billions of dollars under its management. The industry has witnessed substantial growth during last few years in all parts of the world especially in the Middle East Region.
Right at the very heart of the global Islamic banking and financial services is the United Arab Emirates. The Islamic banking and finance industry in the country includes Islamic banks, Islamic windows, subsidiaries of conventional banks, real estate finance companies, takaful operators, sukuk, Islamic funds and other financial services providers.
The boom in the Islamic Finance industry witnessed in the region has opened the door to hundreds of thousand of jobs. There is tremendous demand for competent manpower in Islamic finance and it is expected that as the industry expands there will be huge demand for talented and skilled manpower in years to come.
Islamic Banking Diploma (IBD)
The Islamic Banking Diploma Program introduced in 2003 is accredited by the Ministry of Higher Education & Scientific Research, UAE. The program, first of its kind in the country was started to disseminate knowledge and information about Islamic banking and finance and produce high caliber professionals with the necessary technical skills and knowledge in Islamic finance.
- To provide students with the fundamental knowledge of Islamic banking.
- To introduce students to instruments and techniques used in the Islamic banking.
- To train students in Islamic law and finance.
- To train students in Islamic funds and capital market operations.
- To provide students with the fundamental requirements of business education.
- To equip students with the basic requirements of professional certifications.
The Islamic Banking Diploma program mission is dedicated to provide quality Islamic banking education in a learning environment that promotes academic and personal excellence in students, as well as appreciate intellectual and ethical values that accentuate Islamic Shari’ah laws.
Duration of Study
The duration of study is 2 years. The program runs 5 days per week, Sunday to Thursday-morning & evening sessions.
Locations of Study
EIBFS Main campus in Sharjah:
Located opposite Sharjah Immigration & UAE Central Bank
PO Box 4166
Phone (06) 572 8880 Ext.: 120/121/124/125 Fax (06) 572 8080, (06) 5723983
EIBFS Abu Dhabi campus:
Al Moroor Street, Beside Emirates Centre for Strategic Srudies and Research
PO Box 7108
Phone (02) 4464666 Ext.: 200
Fax (02) 4457700 / 4453222 email: firstname.lastname@example.org
Timing and Duration
■ The programs run five days per week, Sunday to Thursday – morning and evening sessions.
■ The program runs for four theoretical semesters (16 weeks each), and a summer course (8 weeks), which involves "Field Training" at an Islamic bank for non – bankers students, or a "Field Project" for bankers students who have at least three years of work experience in the banking sector.
Students who successfully complete the program are awarded “The Islamic Banking Diploma” from EIBFS.